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February 22, 2022 | Armstrong v Schwab

While Nigel Farage spoke at our 2019 WEC in Rome, he said he came because our events were the “alternative to Davos.” For years Schwab and I have been on opposite sides of the table. The stark difference between myself and that of Klaus Schwab boils down to the divergence in economics between Adam Smith […]

February 22, 2022 | Bullish Government Incompetence

I know you probably don’t need another reminder on inflation so i’ll keep this brief. Inflation figures ticked higher again in January, with consumer prices rising 5.1% from last year. Prices are now rising at their quickest pace since 1991. In other words, so long as you don’t eat, drive a car or own a […]

February 22, 2022 | Tumbling into 2022

Growth and inflation are in retreat, stocks are tumbling, corporate debt spreads are leaping, and yield curves are flattening with the economically clairvoyant U.S 10 and 2-year spread .38 today, from an optimistic 1.59% peak in March 2021.  This is not about Ukraine.  This is a ‘free-money’ debt-enabled consumption and gambling frenzy that’s ending with […]

February 21, 2022 | Madness and Mayhem Driving Canadian Home Prices

Saturday’s Report on Business offered some rich insight on Canada’s housing mania. Saying that real estate investing is “not like get-rich-quick because it’s something that takes time,” one of the featured couples goes on to explain that, in less than two years, they have gone from driving a dump truck full time to buying and optioning multiple […]

February 21, 2022 | The Canadian Government Could Confiscate Your Pet

  In a new low for democracy, the Ottawa By-law enforcement agency made it clear that they are not above confiscating pets to quell to the protests. “Attention animal owners at [the] demonstration: If you are unable to care for your animal as a result of enforcement actions, your animal will [be] placed into protective […]

February 21, 2022 | The Most Splendid Housing Bubbles in Canada as Bank of Canada Begins QT, Yields Spike

Canada’s housing bubble had been waning before the pandemic, particularly in Vancouver, but then came the crazy monetary policies of the pandemic, the tsunami of global free money, including from the Bank of Canada, and BOOM goes the housing bubble in Vancouver and some other markets – but not in all markets. A year ago, […]

February 20, 2022 | What’s Your Take?

  [The markets will be closed on Monday for President’s Day, but I am putting out fresh touts and commentary because DaBoyz are required to briefly let the beast out of its cage on Sunday evening. Up-to-the-minute updates from Rick’s Picks will resume on the home page and in the trading rooms on Tuesday.  RA ] Technicians […]

February 20, 2022 | Trudeau & the Bonus Army

COMMENT: Mr. Armstrong, you are one of the most intelligent and ardent supporters of freedom on the internet. That said, I cannot understand how you continually use the term fascist for governments such as Trudeau’s when it is so obviously communist. Worldwide, the communists such as Schwab are in control of our Western governments. S […]

February 20, 2022 | Inflation Thoughts

But mouse-friend, you are not alone In proving foresight may be vain: The best-laid schemes of Mice and Men Go oft awry, And leave us only grief and pain, For promised joy! —Robert Burns, “To a Mouse,” English translation How much inflation is okay? People have different answers. I think it should be very low, […]

February 20, 2022 | MN Gordon: How to Reconcile Numbers that Don’t Pencil Out

From MN Gordon at Economic Prism: Do you want to make a fortune? Then open a Lamborghini dealership in the Midwest. That’s what investment biker Jim Rogers recommended in late-2014. He also recommended becoming a farmer. According to Rogers, you can make a lot of money as a farmer – even if you’re not any […]

February 20, 2022 | Fourth Turning 2022 – Bad Moon Rising (Part Four)

In Part 1, Part 2, and Part 3 of this article I examined the power of propaganda and the use of fear to invoke a mass formation psychosis on millions of weak-minded victims of global elitist psychopaths weaponizing a flu as part of their plot to Reset the world as lords of a global fiefdom, […]

February 19, 2022 | Freedom Convoy Organizers Arrested

The Canadian government has hunted down the organizers of the 2022 Freedom Convoy and placed them in custody. The Ottawa police issued the following warning: “DEMONSTRATORS: You must leave. You must cease further unlawful activity and immediately remove your vehicle and/or property from all unlawful protest sites. Anyone within the unlawful protest site may be […]

February 19, 2022 | Trading Desk Notes For February 19, 2022

Interest rates have steadied after surging higher since November The Dec 2022 Eurodollar futures contract closed red for 11 consecutive weeks but finally closed green this week as the relentless surge in short-term interest rates took a breather. (Eurodollar futures trade at a discount to par, or zero, so a price of 98 = a […]

February 19, 2022 | Doug Noland: One Serious Catalyst Away From A Megaquake

From Doug Noland’s Credit Bubble Bulletin: Following 1999’s manic blow-off excess, I thought the Bubble had burst in 2000. I had to reverse course in 2002, warning that Fed reflationary policies were unleashing a “mortgage finance Bubble”. The “Moneyness of Credit” – the transformation of Trillions of risky loans into perceived safe and liquid AAA […]

February 19, 2022 | This Week in Money

February 18, 2022 | Trudeau has Instituted Hitler-Type Powers Over Capital

While anyone who dares to compare Trudeau to Hitler is criticized because they ONLY equate Hitler with the Holocaust – nothing can be further than the truth. Hitler also made it illegal to have a bank account outside of Germany, which many people did because of the Hyperinflation 10 years before he came to power […]

February 18, 2022 | What Goes Up on Debt Frenzy Comes Down Too

With bond yields rising since last summer, the U.S 30 year mortgage rate moved above 4% this month,  up more than 1.25% over the past year. In Canada, the popular 5-year fixed-term conventional mortgage rate has been climbing too, today in the 3% range and expected to reach the 3.4% area over the next couple […]

February 18, 2022 | An Invasion by Russia into Ukraine Could Rattle Stock Markets

The potential military conflict between Russia and Ukraine continues to escalate. Military conflicts usually cause markets to get more volatile for a time. But would an invasion of Ukraine by Russia precipitate a market crash?   Members of Ukrainian forces in an urban combat training exercise on Friday February 11, 2022. Source: Bloomberg Finance LP […]

February 18, 2022 | Margin Debt Plunged as Stocks Tumbled and High-Fliers Got Crushed. But Leverage Still Gigantic, Long Way to Go

The only measure of stock market leverage that is reported monthly is margin debt at brokers, via FINRA. Much of the stock market leverage isn’t reported, such as Securities Based Lending, and even banks and brokers that fund this leverage don’t know the leverage in the overall market, or even the leverage of their client […]

February 18, 2022 | American Manganese CEO Discusses Press Release on Demonstration Plant

High Prices of Lithium are dominating the battery metals market. Read the Latest News. Read Electrek Article – “Biden Administration, DOE Announce $3 Billion in New Funding to Support US EV Battery Manufacturing and Recycling“. See AMY Lithium-ion Recycling Technology – Updated Jan. 2021.   Watch AMY’s Video – “Our Revolutionary Lithium-ion Battery Recycling Technology”. Questions?  Email Larry or […]

February 18, 2022 | Where Can You Keep Your Assets from Canadian Government?

Debate: Crypto’s a great opportunity or a giant scam?

February 17, 2022 | SentimenTrader Correlation from Last Week with 1994 Continues Intact

Without the use of Bloomberg, here is our interpretation.

February 17, 2022 | Government Bonds Priced for a Rebound

Cash levels remain low as markets move into liquidation mode, and selling has been broad-based. While it’s typical for corporate bond prices to fall with equities, government bonds typically attract capital as it moves away from less principal-secure securities. So far, despite equity losses, non-commercial traders have persisted with inflation bets and remain net-long large-cap […]

February 17, 2022 | Durham is only Scratching the Surface of Hillary

I found myself in the middle of a political scandal that nobody in the West was willing to dare write about – more dirt on the Clintons. Even now with the breaking news that Special Counsel John Durham in a filing related to a criminal charge brought against Michael Sussman, an attorney for Hillary Clinton’s […]

February 17, 2022 | Soaring Rents Eat Americans’ Wage Increases – And Then Some

US headline inflation exceeded 7% in 2021. But rent increases put the Consumer Price Index to shame, soaring an average of 13.5%. And within that already-brutally-high average, there were some absolutely astounding outliers. Phoenix rents soared 25.3%, followed by Tampa, Miami, Orlando, Las Vegas, and Austin, all of which exceeded 20%. That means an Austin […]

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